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Politics Nothing goes with politics quite like crying and complaining, and we're a perfect example of that.

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Old 05-28-2005, 04:35 AM   #1
Giant Nontypical
 
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Location: Land of Oz
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Default Funny money 1

Fun stock to watch...

Sirius

Symbol SIRI

One year gain: 99%

Return on equity? -62%

Technology continues to change the way we live, the way we work, the way we play.

Sirius and XM battle it out for market share as neophytes not unlike the dotcoms of days not so gone by.

Podcasting is blooming. IPODs are quietly sweeping the world.

Harddrive space is becoming cheaper by the minute; gasoline is become dearer.

Interesting stuff.

"I hear Radio Waves in my head." - Roger Waters
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Old 05-28-2005, 05:31 AM   #2
 
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Default RE: Funny money 1

Technology is a funny thing. In the 1960s, AT&T installed a new type of carrier called "O.N." it was fantastic, the quietest thing to come along up to that time and all based on analog technology. As some of you may recall the background noise (white noise caused by the amplifiers avaliable at the time) was a constant sound in the background of all telephone conversations. O.N. carrier was so quiet that that noise was virtually eliminated, people would actually hang up their phones because they thought they had an open circuit. AT&T solved this by placing a low level noise generator on these systems thus giving the public what they expected a telephone circuit to sound like. Twenty years later, SPRINT dropped the "PIN" and a revolution was underway and everybody just had to have fiber optic service for everything. Today, we are addicted to "Wireless" or "Cellular" service or "PCS" whatever you want to call it and half the time you are dropping calls or listening to noise due to being on the edge of a cell. Go figure. Sirius and XM technology has been available since the late 70s, but was not taken advantage of due to many factors but mostly finding funding to foot the bill associated with getting satellites in the air and earth stations built to make the fool things work. The whole thing will sink or swim depending on the marketing strategy selected by the companies as opposed to its virtues such as they sre and may or may not survive. Your corelation to the dot coms is right on and this could very well be just another scam to relieve a lot of people of a lot of money.
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